Citing unnamed sources, the report claims Suzlon, the world’s eighth largest turbine maker in 2009, is in separate talks with private-equity fund TPG Capital and a US-based energy fund.
Suzlon holds nearly 91% of Germany’s REpower, and a sale would allow the heavily indebted Suzlon to pay down some of its loans.
REpower’s market capitalisation currently hovers around €1.05bn ($1.34bn). Its share price has risen 4.2%
